HAL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating for HAL: 2.9

HAL looks like a mixed bag today — impressive fundamentals but signaling short-term technical weakness, making it a cautious pick for intraday trades. Let’s break it down and sharpen your tactical edge

📉 Technical & Momentum Snapshot

RSI (29.7): Deeply oversold, hints at a potential short-term bounce — but oversold doesn’t mean reversal yet.

MACD (-94.6): Strongly bearish, with deep divergence, confirming downward momentum.

Current Price ₹4,498 is

Below DMA 50 (₹4,770) → Short-term pressure.

Above DMA 200 (₹4,413) → Still holding mid-term support.

Volume: 15.5L vs Avg 10.2L → Higher activity today, but mostly driven by selling pressure.

💼 Fundamental Edge

ROCE (33.9%) / ROE (26.1%): Operationally excellent.

EPS ₹125 vs P/E 36.0: Reasonably valued given industry PE of 68.0.

Zero Debt: Solid balance sheet.

Last Qtr Profit Down 7.7%, but overall profitability remains strong.

🛠️ Intraday Trade Plan

🔸 Fresh Entry Strategy

Buy Zone: ₹4,470–₹4,480 (Only if price stabilizes with reversal signals like bullish engulfing or MACD flattening)

Profit Target: ₹4,525–₹4,550

Stop Loss: ₹4,455 (Protect below key psychological and technical support)

🔸 If You're Already Holding

Exit Strategy

Below ₹4,455 with rising volume: Momentum breakdown — exit quickly.

Above ₹4,525–₹4,550: Take profits if reversal plays out.

Trailing Stop Suggestion: ₹4,470 (Protect profits if upward momentum emerges)

⚖️ Verdict

HAL is not an ideal intraday trade unless you're playing a bounce from oversold conditions. The fundamentals remain strong, but technical signals point to bearish undertone. If entering, treat it as a reactive trade with tight risk control and fast exits.

Curious to see how this performs mid-session or compare it with other defense sector picks like BEL or Bharat Dynamics? I’ve got plenty of firepower.

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